1701, Merano Tower
Sold prices and rental history: sold once, by the developer in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Merano Tower
What is 1701 worth today?
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Source: Dubai Land Department. Updated 13 October 2016.
Key facts
- Type
- 1-bed apartment
- Size
- 616 sqft
- Floor
- 17th of 29
- Parking
- B1-098
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 11,700 /yr
- Last sold
- AED 965K · October 2016
- Building
- Merano Tower
About 1701, Merano Tower
1701 is a one-bedroom apartment of 616 sqft on the 17th floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 13 October 2016 for AED 964,800, or AED 1,565 per sqft, in line with the AED 1,601 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1701 over time
1701 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Merano Tower, and where 1701 sits
All 397 1-beds →1701 last sold in October 2016 at AED 1,565 per sqft, in line with what one-beds in Merano Tower were fetching at the time (AED 1,601). Over the last 12 months one-beds sold for AED 924,900 to 1,200,000, around AED 1,556 per sqft, and rent for AED 48,000 to 126,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 668 sqft | 1,040,000 | 1,556 | ||
| 28 Sep 202628 September 2026 | 670 sqft | 1,000,000 | 1,492 | ||
| 28 Sep 202628 September 2026 | 668 sqft | 1,000,000 | 1,497 | ||
| 18 Sep 202618 September 2026 | 668 sqft | 990,000 | 1,482 |
Merano Tower
Building574 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2020 by DAMAC. 33 sold in the last 12 months.
- Typical price per sqft
- AED 1,555 Down 3.3%
- Typical sale
- AED 1.13M
- Typical rent
- AED 75K /yr
- Typical yield
- 7.4%
Other units on the 17th floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Aug 2016August 2016 | 88,000 /yr | |
| 1703 | 1-bed | 663 sqft | AED 1.07MAED 1,065,600 · Sep 2016September 2016 | 70,000 /yr | |
| 1704 | Studio | 398 sqft | AED 575KAED 575,000 · Aug 2021August 2021 | 59,839 /yr | |
| 1705 | 1-bed | 669 sqft | AED 1.07MAED 1,065,600 · Sep 2016September 2016 | 70,000 /yr | |
| 1706 | Studio | 327 sqft | AED 655KAED 655,000 · Oct 2019October 2019 | 60,000 /yr | |
| 1707 | 1-bed | 668 sqft | AED 1.06MAED 1,061,000 · Aug 2017August 2017 | 50,000 /yr | |
| 1708 | 1-bed | 771 sqft | AED 1MAED 1,000,000 · Dec 2022December 2022 | 100,000 /yr | |
| 1709 | 1-bed | 644 sqft | AED 907KAED 907,000 · Jul 2023July 2023 | 58,000 /yr | |
| 1710 | 1-bed | 644 sqft | AED 1.02MAED 1,016,000 · Dec 2023December 2023 | 70,000 /yr | |
| 1711 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Dec 2016December 2016 | 66,000 /yr | |
| 1712 | 1-bed | 635 sqft | AED 1.02MAED 1,016,000 · Nov 2016November 2016 | 60,000 /yr | |
| 1713 | 2-bed | 891 sqft | AED 1.4MAED 1,400,000 · Feb 2026February 2026 | 85,000 /yr | |
| 1714 | 2-bed | 956 sqft | AED 1.47MAED 1,470,000 · Apr 2025April 2025 | 105,000 /yr | |
| 1715 | 2-bed | 982 sqft | AED 1.58MAED 1,578,000 · Mar 2017March 2017 | 95,000 /yr | |
| 1716 | 1-bed | 664 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 85,000 /yr | |
| 1717 | 1-bed | 668 sqft | AED 1.1MAED 1,100,000 · Sep 2026September 2026 | 50,000 /yr | |
| 1718 | 1-bed | 668 sqft | AED 1.15MAED 1,150,000 · Aug 2024August 2024 | 70,000 /yr | |
| 1719 | 1-bed | 668 sqft | AED 1.07MAED 1,065,600 · Feb 2017February 2017 | 70,000 /yr | |
| 1720 | Studio | 334 sqft | AED 592KAED 592,000 · Apr 2018April 2018 | 60,000 /yr | |
| 1717A | 1-bed | 753 sqft | AED 1.25MAED 1,247,000 · Mar 2020March 2020 | 76,000 /yr |
1701, Merano Tower in numbers
- Sold once: by DAMAC on 13 October 2016 for AED 964,800, or AED 1,565 per sqft.
- One-beds in Merano Tower sold for AED 924,900–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,555 per sqft.
Source: Dubai Land Department. Updated 13 October 2016.
Questions about 1701, Merano Tower
What did unit 1701 last sell for?
AED 964,800 on 13 October 2016, sold by the developer: AED 1,565 per sqft for 616 sqft. It is the only registered sale of the unit.
How big is unit 1701?
616 sqft (57.2 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2020.
What is unit 1701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Merano Tower sold for AED 924,900 to 1,200,000 in the last 12 months, around AED 1,556 per sqft.
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Mortgage on 1701, Merano Tower
Starts from the last sale price (AED 965K, 13 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 964,800
- Deposit, UAE resident (20%)
- AED 192,960
- Deposit, non-resident (40%)
- AED 385,920
- Monthly over 25 years at 3.7%
- AED 3,947
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →